presented an update on the Agriculture Division financial performance and strategic progress during the 2018 Bank of America Merrill Lynch Global Agriculture & Chemicals Conference - providing a view of the Division's recent
cost synergy achievements, as well as near-term product launches and longer term portfolio growth drivers.
The ratings would be affirmed if the risks balance or outweigh revenue and
cost synergy opportunities.
The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (1) whether the stockholders of Broadwing approve the proposed transaction; (2) the satisfaction of the other conditions specified in the merger agreement, including without limitation the receipt of required governmental approvals of the proposed transaction; (3) the ability to successfully combine the businesses of Level 3 and Broadwing; (4) the realization of revenue and
cost synergy benefits from the proposed transaction; and (5) operating costs, customer loss and business disruption following the merger, including adverse effects on relationships with employees.
Forward-looking statements include specifically, but are not limited to, proforma revenue projections,
cost synergy projections, earnings per share accretion predictions, and cash flow predictions for Per-Se; total debt to be raised by Per-Se; and the timing of the closing of the transaction.
A[paragraph]The Company expects to achieve an annual
cost synergy run rate of approximately $25 million in the 18 to 24 months after the close of the merger from procurement savings, the integration of complementary operations, selling, general and administrative cost reductions, and the application of best practices at plant operations.
The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (1) satisfaction of the conditions specified in the transaction agreement, including without limitation the receipt of required governmental and other third-party approvals of the proposed transaction; (2) the ability to successfully combine the businesses of NBC and VUE; (3) the realization of revenue and
cost synergy benefits from the proposed transaction; (4) operating costs and business disruption following the merger, including adverse effects on relationships with employees; (5) changes in the stock market and interest rate environment that affect revenues; and (6) competition.
We will enhance our market-leading client service and achieve our
cost synergy targets, creating value for our stockholders, while continuing to provide clients the highest quality service.
The
cost synergy announced at the time of the preliminary results is being achieved and merged operations are functioning smoothly.
